617 Wailepo Street

    Kailua, HI 96734
    • $2,270,000
    • STATUS: Active
    • ON SITE: 41 days
    • MLS #: 202008079
    UPDATED: 36 min ago
    $2,270,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1952
    County:
    Area:

    School Ratings & Info

    Description

    Unique Investment opportunity in KAILUA. Maximize the income stream for it's highest and best use or rehab the two buildings with potential to redevelop under Bill 7. Eight - 2 bedroom units located close to Kailua town and a short walk to park, stores and restaurants. Property is sold "as is" and Buyer shall perform their own due diligence. Information provided for income and building are estimates and may differ from actual records. Only a few of the rental units are occupied and income for property does not measure building's full occupancy potential or current market rents. NO sign on property. Do not disturb tenants or enter property without an appointment.

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    © 2020 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Honolulu.

    Licensed in the State of Hawaii, USA.
    www.realtyinhawaii.com/homes/105128998

    617 Wailepo Street Kailua, HI 96734

    • Price: $2,270,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 202008079
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1952
    Built
    Neighborhood:
    Coconut Grove
    County:
    Oahu
    Area:
    Kailua
    Property Description
    Unique Investment opportunity in KAILUA. Maximize the income stream for it's highest and best use or rehab the two buildings with potential to redevelop under Bill 7. Eight - 2 bedroom units located close to Kailua town and a short walk to park, stores and restaurants. Property is sold "as is" and Buyer shall perform their own due diligence. Information provided for income and building are estimates and may differ from actual records. Only a few of the rental units are occupied and income for property does not measure building's full occupancy potential or current market rents. NO sign on property. Do not disturb tenants or enter property without an appointment.
    Exterior Features

    Construction Materials Concrete BlockWood Frame Floor Number 2 Loading None Parking AssignedOn Site Parking Total 6 Property Frontage Side Street Roof Composition Stories Two

    Interior Features

    Cooling Other Floors ConcreteWood Sq Ft Other 320 Sq Ft Total 4480

    Property Features

    Amenities None Annual Expenses 8444.00 Assessed Value Improvements 135300.00 Assessed Value Land 1190000.00 Assessed Value Total 1325000.00 Building Name Na Business Type Condo/Apt Disclosures Property Disclosure StmtSee Remarks Documents Building PlansTitle Search Easements Other Expenses Source AppraisalOwner Flood Zone Zone Ah Foreclosure YN No Gross Income 40022.00 Income Source AppraisalOwner Land Recorded Land Court Land Tenure Fs - Fee Simple Lease Type Month To Month Listing Financing CashExchangeOther Management Company Self Net Operating Income 31578.00 Property Condition Average Property Type Commercial/Industrial Sewer Connected Special Sale Conditions None Tax Amount 387.00 Tax Paid By Seller No Tax Year 2019 Tenant Pays ElectricityJanitorial/Trash RemovalOther Total Actual Rent 3335.00 Utilities Available Heavy ElectricitySmall Water Meter Year Established 1952 Zoning 12 - A-2 Medium Density Apartme

    Listings provided courtesy of Homequest Llc.
    Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2020-05-29T10:58:38.54. Information is deemed reliable but not guaranteed. Copyright: 2020 by HiCentral MLS, Ltd.


    © 2020 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Honolulu.

    Licensed in the State of Hawaii, USA.
     
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    Honolulu HI, 96814